INVESTMENT DESCRIPTION
CURRENCY USD
STRIKE DATE 05/02/2026
ISIN XS3234629502
COUNTERPARTY BBVA
TYPE Note
RETURN & BARRIERS
Maximum Term: 6 years
Investment Structure: Memory Income Reducing Autocall
Autocall Opportunities: Semi-Annually(First Observation at 12 months)
Autocall Trigger: 100% of initial level (Reducing by 2.00%, semi-annually)
Memory Income Rate: 3.85% Semi-Annual (7.70% p.a.)
Income Trigger: 80% of initial level
Capital Risk: Not capital protected
Capital Protection Barrier: 60% Final level (European style)
MATURITY DATE
05/02/2027
